People know that only gold can give you good returns but they do not know that if they have a sliver, they can sell it too. If you want Cash for Silver then lots of options are there.
There are many Best Place To Sell Silver, some places are better than others. Here in the blog, you can able to know to get the most cash for your silver, and also where to go to sell immediately if you need fast cash.
- Know the exact rate of Your Silver
- Trustworthy Places to Sell
- General Selling ideas
Know the exact rate of Your Silver
When you think to sell your silver and get cash for silver, then you should know the exact value of your silver items. It depends upon your thought whether you want to accept an offer close to or spot the value of your silver. The first step is to check whether your silver is real or not. You can look for the purity marks like 925, which is 92.5% silver. But to know that it is real, you need to do some tests. SV gold can review these tests in their advanced weighing machine. Once it is checked that yes, your silver is real, then you need to get the total silver value. This is an easy method to check your real value which is US silver coins- you can just load up our US coin calculator. This calculator gives you the total silver value when you enter the number of coins. For unused silver, you can use a scrap silver calculator. Only you need to enter the weight of your item, select the purity, and then hit calculate. This can be a good choice to calculate your silver value if you do not want to trust a buyer.
Best Places to Sell your silver
The best places to sell varies from different factors:
- What type of silver you are selling?
- How quickly do you want to sell?
So, there is not at all one place to sell your silver Best Place To Sell Silver, are discussed below
Coin Shops
Decent options are there for coins and bars, but not for scrap silver. You can get fair cash for silver coins but make sure that the shop has to make a profit, so they won’t give you the retail price.
For scrap silver, the coin shop acts as a middleman, they take your silver and send it to a refiner. That’s why going to scrap silver is good. A coin shop is a great option if you want to sell your silver coins or bar.
Pawn Shops
Similar to coin shops you can sell your silver to pawn shops also. But there is no difference same as coin shops will keep the profit and offer as much after keeping their profit. It depends upon the shops, but in pawn shops, you have the option to pawn your silver.
eBay
Selling silver on eBay is also a great option. It is an online platform type of online auction that can sell your silver to get cash for silver going through the online auction website. So your item will be sold to the highest bidder. Ebay has a great market for silver that can get a high price. Apart there Is demand for other types and varieties of silver such as silverware, jewelry, sterling silver, etc
Cash for Gold
You must stay away from the middlemen because they are just business holders negotiating between buyer and seller. Here you won’t get the true value of your silver
Craigslist
You can also find a local buyer through Craigslist or another similar website. You can get the highest price if you go through this online method. It is just like the consumer-to-consumer deal so you could get right to the retail value of your silver.
Refinery
It is good for scrap silver. Refineries buy silver and then melt it down to give new items. But most of the refinery never deals with consumer or small order. If you have to give bulk one, need to know then search google you can get more information.
General Selling ideas
Selling silver is the best deal, you need to know some negotiating tactics.
The first tactic is that make the potential buyer’s first offer. Sometimes they surprise you by asking about more penny you have expected. If you have decided to attempt the first offer then ask them what you would accept. This way you are connecting in a price range
Another good tactic is just acting as if you are willing to walk away. This will force them to give you the first chance to give you the best offer. Always remember there are lots of buyers who can offer your right deal for cash for silver.
Conclusion
Selling silver, or buying silver is not an easy process, but it can be easy once you know the value of your cash for silver. And compare it on various websites to know the right value of your silver.
